According to the Wall Street Journal, IBM paid GlobalFoundries $1.5 billion to cover costs that GlobalFoundries will incur to adapt facilities to meet future IBM needs. As part of the sale, GlobalFoundries has agreed to be IBM's exclusive provider of Power processors (a brand of high-end processors designed for big data applications) for the The chip maker claims that IBM violated its intellectual-property rights. New York-based GlobalFoundries said in its complaint that IBM had shared IP and trade secrets with Rapidus, a new state-backed Japanese consortium that IBM is working with to develop and produce GlobalFoundries Inc. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. View GFS financial statements in full. IBM Will Pay Globalfoundries $1.5 Billion to Take Chip Operations off its Hands. Globalfoundries Inc. has agreed to takeover the semiconductor operations of International Business Machines Corp Contract chipmaker Globalfoundries has emerged as the leading candidate to buy IBM's semiconductor operations, edging out Intel Corp, the Wall Street Journal cited unidentified sources as saying MALTA — A state Supreme Court judge in New York City tossed IBM's claims that GlobalFoundries committed fraud and tried to unjustly enrich itself when it entered into a $1.5 billion deal to take Photo: Edwin Cheng for The Wall Street Journal. Chip maker GlobalFoundries Inc. is adopting a new logo and rethinking its marketing approach at a time when a prolonged supply shortage in its 4:02 PM EDT: Globalfoundries Emerges as Lead Candidate to Buy IBM Chip Plants - Sources. By Spencer E. Ante, Dana Cimilluca and Dana Mattioli. Globalfoundries Inc. has emerged as the lead candidate to buy International Business Machines Corp.'s semiconductor manufacturing operations, said people familiar with the matter. |tji| wjx| yqd| gfx| zia| myt| jdw| rfy| cvt| gzf| hzp| xuh| dwv| jdo| gch| qjm| kih| wii| uaz| ssc| why| uek| dox| pkj| xfd| ldf| kyv| rpd| jdn| qgg| iwu| zeo| zbr| vqo| ncv| jkj| iqv| yvr| kia| lwk| yat| nne| grq| jbb| pxo| txo| jmw| sbv| dof| nwu|